Historic Argentine peso Norwegian krone

Argentine peso norwegian krone history for December 2020. The highest quote for this month is 0.10918 (01/12/2020) and the lowest 0.10874 (01/12/2020). The difference between high and low is 0.4.

ARS NOK average rate for December 2020 is 0.10549, the change between 01/12/2020 and 31/12/2020 is +7.21 %.

01 December 20201 ARS = 0.1093 NOK
02 December 20201 ARS = 0.1082 NOK
03 December 20201 ARS = 0.1079 NOK
04 December 20201 ARS = 0.1074 NOK
07 December 20201 ARS = 0.1077 NOK
08 December 20201 ARS = 0.1072 NOK
09 December 20201 ARS = 0.1073 NOK
10 December 20201 ARS = 0.1076 NOK
11 December 20201 ARS = 0.1068 NOK
14 December 20201 ARS = 0.1070 NOK
15 December 20201 ARS = 0.1060 NOK
16 December 20201 ARS = 0.1057 NOK
17 December 20201 ARS = 0.1050 NOK
18 December 20201 ARS = 0.1036 NOK
21 December 20201 ARS = 0.1039 NOK
22 December 20201 ARS = 0.1039 NOK
23 December 20201 ARS = 0.1048 NOK
24 December 20201 ARS = 0.1036 NOK
25 December 20201 ARS = 0.1029 NOK
28 December 20201 ARS = 0.1035 NOK
29 December 20201 ARS = 0.1029 NOK
30 December 20201 ARS = 0.1025 NOK
31 December 20201 ARS = 0.1014 NOK

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.